The Washington Times reports that The Washington Wizards are expected to announce as early as today that they will buy out the remaining two seasons of injured power forward Loy Vaught's contract.

Vaught is owed $10.62 million by the Wizards over the next two seasons. It is believed that the Wizards might seek some sort of injury exception in return for the buyout. They will also have a roster spot available if they are granted the exception.